Solid State's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 59.91.
Solid State's Days Inventory for the
six
months ended in Mar. 2026 was 119.59.
Solid State's Days Payable for the
six
months ended in Mar. 2026 was 56.93.
Therefore, Solid State's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 122.57.
Solid State (FRA:OUY) Cash Conversion Cycle Explanation
Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.
Be Aware
CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.
The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.
Solid State Cash Conversion Cycle Related Terms
Solid State Cash Conversion Cycle Historical Data
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The historical data trend for Solid State's Cash Conversion Cycle can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:OUY vs APH, GLW, TEL: Cash Conversion Cycle Comparison
For the Electronic Components subindustry, Solid State's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Solid State Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Solid State's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Solid State's Cash Conversion Cycle falls into.
Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.
Cash Conversion Cycle is one of several measures of management effectiveness.
Solid State's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Solid State (FRA:OUY) has a Cash Conversion Cycle of 122.57 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Solid State and its competitors.
Is Solid State's Cash Conversion Cycle too high?
Solid State's current Cash Conversion Cycle is 122.57. The Hardware industry median Cash Conversion Cycle is 98.95. Solid State's value of 122.57 is 23.9% above this industry median. Overall, Solid State has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid State's Cash Conversion Cycle compare to APH and GLW?
Solid State's Cash Conversion Cycle of 122.57 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Solid State's value of 122.57 is 23.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.95, based on 2,478 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solid State's current Cash Conversion Cycle of 122.57 is 23.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Solid State and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid State's current Cash Conversion Cycle is 122.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid State stock overvalued right now?
Based on GuruFocus' analysis, Solid State (FRA:OUY) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.86, compared to a current price of €2.32 — trading 18.9% below its estimated fair value. The current Cash Conversion Cycle is 122.57 and 23.9% above the Hardware industry median of 98.95. Solid State's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Solid State (FRA:OUY), the current Cash Conversion Cycle is 122.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Solid State (FRA:OUY) Overvalued in 2026?
Based on GuruFocus' analysis, Solid State stock appears to be undervalued.
The current stock price of €2.32 is trading 18.9% below its estimated GF Value™ of €2.86.
GuruFocus considers Solid State to be Modestly Undervalued.
Key valuation signals for FRA:OUY:
Cash Conversion Cycle: 122.57
GF Value™: €2.86 vs. price of €2.32 (18.9% below fair value)
Industry Position: 23.9% above the Hardware median
No single metric tells the full story. See the FRA:OUY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solid State PLC is engaged in the manufacturing as well as distribution of electronic components and materials. The company's operating segment includes divisions, which are Components and Systems. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. The company generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.
64GF Score
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